Market Reports
IFX Market Report: Tuesday 9th January 2024
Rishi Sunak, set out on Monday that the country is heading in the right direction as it enters an anticipated election year. He has placed the commitment to tax cuts at the forefront of his...
Read moreIFX Market Report: Tuesday 14th July 2020
An uneventful Monday for the pound saw the currency flatline against a basket of major rivals, with the exception of losing 0.5% to a stronger...
Read moreIFX Market Report: Monday 13th July 2020
In a session of little action on Friday sterling was largely untouched, only making some gains versus the US dollar. Markets remain on the back...
Read moreIFX Market Report: Friday 10th July 2020
It was a quiet day across the markets yesterday, with the pound trading in a tight range throughout. Following Chancellor Rishi Sunak’s proposed injection this...
Read moreIFX Market Report: Thursday 9th July 2020
There was a muted reaction yesterday to the Chancellor’s plans for the economy, with sterling holding on to its three-week highs. The pound did break...
Read moreIFX Market Report: Wednesday 8th July 2020
Sterling enjoyed its best run in three weeks yesterday, buoyed by fresh Brexit optimism and ahead of Chancellor Rishi Sunak’s parliamentary mini-budget later today. A...
Read moreIFX Market Report: Tuesday 7th July 2020
Another quiet day for the pound on Monday, as markets await further Brexit news. Sterling traded in a narrow range versus its major counterparts, briefly...
Read moreIFX Market Report: Monday 6th July 2020
Friday was largely a non-event, with the US public holiday ensuring a tight trading range throughout the day. Sterling showed no reaction throughout the session...
Read moreIFX Market Report: Friday 3rd July 2020
In a day of little action on Thursday, sterling retreated slightly from a risk-driven US dollar and otherwise remained flat. A Brexit meeting scheduled today...
Read moreIFX Market Report: Thursday 2nd July 2020
The pound gained a cent on the US dollar yesterday and made up marginal ground on the euro, as encouraging data Stateside stilted safe-haven demand...
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